Short Interest in Medical Facilities Co. (OTCMKTS:MFCSF) Rises By 73.3%

Medical Facilities Co. (OTCMKTS:MFCSF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 186,300 shares, a growth of 73.3% from the February 28th total of 107,500 shares. Based on an average daily trading volume, of 15,900 shares, the short-interest ratio is presently 11.7 days.

Medical Facilities Stock Performance

OTCMKTS:MFCSF traded up $0.08 during mid-day trading on Friday, hitting $11.19. 2,015 shares of the company’s stock traded hands, compared to its average volume of 6,569. The firm’s 50 day simple moving average is $11.62 and its 200 day simple moving average is $11.00. Medical Facilities has a 1 year low of $7.67 and a 1 year high of $12.50.

Medical Facilities Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be paid a $0.0627 dividend. This represents a yield of 2.26%. The ex-dividend date of this dividend is Monday, March 31st. Medical Facilities’s payout ratio is currently 110.58%.

Medical Facilities Company Profile

Medical Facilities Corporation, through its subsidiaries, owns and operates specialty hospitals and ambulatory surgery center in the United States. The company’s specialty hospital offers non-emergency surgical, imaging, diagnostic, and pain management procedures, as well as other ancillary services, such as primary and urgent care; and ambulatory surgery centers offers scheduled outpatient surgical procedures.